Skip to main content

About your Search

20120925
20121003
STATION
WBAL (NBC) 1
LANGUAGE
Search Results 0 to 3 of about 4 (some duplicates have been removed)
ABC
Sep 30, 2012 7:00am EDT
problem. you can't fix a problem of deep recession and deficits by more austerity when the economy is this weak. i think europe has a big problem. but for u.s. toward we should take it with a grain of salt. europe is slow, but we don't export that much to europe. our financial system looks very strong. i think u.s. consumer confidence at this stage is somewhat resilient to the stories. it is a bigger story for the eurorope than thunited states. >> in the united states we have a different set of worries we are seeing warnings from big american companies about their future earnings. we ended the third quarter and already we heard from fedex, caterpillar, big global companies that are citing europe. caterpillar is citing china, as well. what are you expecting out of the earnings period that we will see in the next couple of weeks? >> there is a slow down in the global economy. off recession in europe and a slowdown in china which is momo significant t than the chinese p numbers suggest. that is rippling to countries lilike korea, iwan and japan. that is affectcting the glal economy. big
CNBC
Sep 30, 2012 7:30pm EDT
of deep recession and deficits by more austerity when the economy is this weak. so i think europe's got a big problem, but for u.s. investors, i think we should take it with a grain of salt. i mean, europe is slow but we don't expert that much to europe. our financial system looks very strong. and i think u.s. consumer confidence at this stage is somewhat resilient to all these stories coming out of europe. i think it's a bigger story for europe than it is for the united states. >> in the united states we have a different set of worries. warnings from big american companies about their future earnings. we ended the third quarter and already heard from fedex, we heard from caterpillar, big global companies that are citing europe. caterpillar is citing china as well. what are you expecting out of the earnings period that we will begin to see in the next couple weeks? >> there is a slowdown going on in the global economy because you have this recession in europe then you have a slowdown in china, which is more significant than i think the chinese gdp numbers suggest. and that's ripplin
Search Results 0 to 3 of about 4 (some duplicates have been removed)